Economic Policy in Theory and Practice

Front Matter....Pages i-xli
Front Matter....Pages 1-1
The Economics of Public Deficits....Pages 3-50
The International Transmission of Fiscal Expenditures and Budget Deficits in the World Economy....Pages 51-100
Fiscal Policy in Open, Interdependent Economies....Pages 101-144
Front Matter....Pages 145-145
On Optimal Currency Substitution Policy and Public Finance....Pages 147-169
Inflation and the Government Budget Constraint....Pages 170-207
Front Matter....Pages 209-209
International Capital Flows and the World Debt Problem....Pages 211-254
Aspects of Capital Flows Between Developing and Developed Countries....Pages 255-285
Front Matter....Pages 287-287
The Political Economy of Leviathan....Pages 289-306
Front Matter....Pages 307-307
Notes on the Effect of Capital Gain Taxation on Non-Austrian Assets....Pages 309-342
Right of Way and Congestion Toll....Pages 343-374
Corporate Taxation in the US....Pages 375-431
Front Matter....Pages 433-433
The Effect of Labour Unions on Investment in Training: a Dynamic Model....Pages 435-480
Corporate Governance and Market Structure....Pages 481-503
Vertical Integration and the Distribution of Property Rights....Pages 504-548
Back Matter....Pages 549-552